Penhold, AB T0M 1R0,1370 Robinson AVE #3
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1370 Robinson AVE #3 Penhold, AB T0M 1R0


UPDATED:

12/11/2024 05:00 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

Subdivision Hawkridge Estates

MLS® Listing ID A1055971

Year Built 2013

Property Description

Very visible and desirable location on the highway between Red Deer and Penhold. Newer well maintained attractive building with ample ground level parking for customers. Current tenants are Canada Post and a retail Cannabis Store creating strong pedestrian traffic. Building is located adjacent to new commercial center with Tim Horton's, Subway, pharmacy, grocery store, doctor & dentist offices, liquor store, gas station, child care etc. Space suitable for yoga/fitness studio, pub &/or restaurant. Penhold is a growing area located 7 minutes South of Red Deer with a population of approximately 3,706 (2023) and a trading area of 130,000. Current NNN is approximately $7.60 per sq. ft. Prefer a 5 year lease with escalations to be negotiated. Landlord open to completing improvements for qualified tenant. Property taxes are included in NNN costs. Basic Rent free (Base Rent) for the 1st 6 months of a 5 year lease. This unit can be combined with unit #4 for a total sq. footage of 3,710 sq. ft. Landlord prepared to provide lease and improvement inducements for the right tenant.

Location

State AB

County Red Deer County

Zoning C2

Building

Dwelling Type Multi Unit

Others

Restrictions None Known

Tax ID 57320231


Listed by Century 21 Maximum

Itxy-Ming LoveTiger

Agent | License ID: 00508433

+1(587) 896-8881

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1370 Robinson AVE #3